Green line represents the Actual GM$\%$

Required information

$2$a$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

$?$ The red bars show each month's expected gross margin percentage at that month's actual average selling price.

$?$ The blue bars depict each month's budgeted gross margin percentage.

The horizontal green lines depict each month's actual gross margin percentage.

$2$b$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

The budgeted gross margin percentage in February is less than that month's expected gross margin percentage at the actual selling price.

The budgeted gross margin percentage in February is greater than that month's expected gross margin percentage at the actual selling price.

The budgeted gross margin percentage in August is less than that month's expected gross margin percentage at the actual selling price.

$?$ The budgeted gross margin percentage in August is greater than that month's expected gross margin percentage at the actual selling price.

$2$c$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

$2$c$.$ Which of the following statements are true with respect to the Gross Margin Analysis visualization?

The actual gross margin percentage in March is less than that month's expected gross margin percentage at the actual selling price.

The actual gross margin percentage in March is greater than that month's expected gross margin percentage at the actual selling price.

The actual gross margin percentage in December is greater than that month's expected gross margin percentage at the actual selling price.

The actual gross margin percentage in December is less than that month's expected gross margin percentage at the actual selling price.

$2$d$.$ Which of the following insights are revealed by the Gross Margin Analysis visualization?

$1$ The company's cost of goods sold as a percent of sales must be less than expected in month's where the company's actual selling price equals the budgeted price.

The company's cost of goods sold as a percent of sales must be greater than expected in months where the company's actual selling price equals the budgeted price.

$3$ The company's cost of goods sold as a percent of sales must be greater than expected in months where the company's actual selling price is less than the budgeted price.

$?$ The company's cost of goods sold as a percent of sales must be less than expected in month's where the company's actual selling price is less than the budgeted price."